Tag: Tornado
Crypto Community Voices Outrage at Tornado Cash Developer Verdict
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.
www.coindesk.com [...]
The Hard Truths and Worrying Consequences of the Tornado Cash Verdict
Indeed, part of Pertsev’s defense was acknowledging that, even if money laundering was happening, because the protocol operated like a robot on a bloc [...]
Tornado Cash Developer Alexey Pertsev Found Guilty of Money Laundering
Alexey Pertsev was found guilty of money laundering $1.2 billion worth of crypto.
www.coindesk.com [...]
U.S. Senators Question Justice Department’s Pursuit of Crypto Mixers Such as Tornado Cash
The DOJ also argued in a court filing that FinCEN's guidance addressing crypto mixers didn't address the idea of "control," a stance that the senators [...]
The U.S. Government’s Hypocritical Case Against Tornado Cash
You would think the government would be against an online privacy service facilitating money laundering. But it actually created one of the best, says [...]
Poloniex Hacker Sends $3.3M Worth of Ether to Tornado Cash
A hacker that stole $125 million from Poloniex's hot wallets has sent 1,100 ether {{ETH}} to sanctioned coin mixer Tornado Cash, according to blockcha [...]
Distilling the Tornado Cash and Samourai Suits
According to the Department of Justice, the answer is yes. The Tornado Cash developers didn’t just build an open-source piece of software; they develo [...]
DOJ Disputes Roman Storm’s Characterization of Tornado Cash Operations in New Filing
The DOJ charged Storm, alongside fellow developer Roman Semenov, with conspiring to commit money laundering, conspiring to operate an unlicensed money [...]
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations
www.coindesk.com [...]
Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev
Pertsev has been accused of laundering $1.2 billion worth of crypto through the anonymizing tool Tornado Cash, the Dutch prosecutors detailed in an in [...]
Tornado Cash Dev Pertsev’s $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial
The indictment, seen by CoinDesk, says that between July 9, 2019 and Aug. 10, 2022, "at least in the Netherlands and/or in Russia and/or the United St [...]
North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic
Tornado Cash was hit by U.S. sanctions in August 2022. This spurred Lazarus Group to use another mixer, Sinbad, to obfuscate their ill-gotten gains. H [...]
Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk
User deposits on decentralized privacy protocol Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol's back e [...]
Why Tornado Cash Remains the Most Pivotal Legal Case in Crypto
Indeed, it is not. We should have the right to transact freely online, whether it’s to communicate with words or to exchange value in the form of cryp [...]
Tornado Cash Developers Storm, Pertsev Raise Over $350K for Legal Defense With Support From Snowden
A legal fund for the defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev has received more than $350,675 and public support from Edward [...]